Elon Musk doubles down on his promise to ditch Delaware. SpaceX is headed for Texas incorporation ...Middle East

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By Ramishah Maruf, CNN New York (CNN) — SpaceX wants to move its business incorporation location from Delaware to Texas, according to a Wednesday filing to the Texas Secretary of State. The move by the Elon Musk-owned company comes after a Delaware state judge struck down Musk’s 2018 Tesla pay package, siding with a shareholder who had challenged it as excessive. Delaware is traditionally where many of the United States’ biggest businesses are incorporated for legal and tax purposes. It is seen as a desirable place to seek approval for mergers and litigate disputes, and doesn’t levy sales tax or tax on profits from intellectual property. The Delware court’s ruling could potentially

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